Castlelake Deploys $100 Million via its Aviation Lending Program
Posted on 10/20/2022
Castlelake, L.P. announced that it has deployed $100 million through two new transactions in its Aviation Lending Program.
The first of the two transactions is a $75 million senior secured loan through a syndicated facility to a global aviation services group that will be used to finance cargo aircraft. The second is a $25 million senior secured loan to a European long-haul airline that is secured by an engine supporting the airline’s global fleet. These recent transactions further support the expanding footprint of Castlelake’s Aviation Lending Program. Castlelake hired Armin Rothauser to launch and build the Aviation Lending Program in late 2020.